Covers the difference (shortfall) between your comprehensive insurance pay-out and the outstanding balance on your finance agreement, in the event of your vehicle being written off or stolen and not recovered.
You deserve a new Volkswagen if yours is written off or stolen – even if you still owe money on your finance plan. Shortfall Plus covers you in the event of a total loss of your car. Our Shortfall Plus policy protects you if your outstanding loan amount is higher than your car’s value when it is stolen and not recovered or damaged beyond economical repair. This is a standalone policy that is purchased in addition to a Volkswagen Comprehensive Insurance policy.
Why Choose Shortfall Plus?
Your car’s value depreciates over time, and a comprehensive insurance policy will only pay out the value of the vehicle at the time of loss. This means you may have to finance the shortfall.
